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IT career in the Netherlands: Is it financially appealing?

If you're considering relocating to the Netherlands as an IT professional, it's understandable to question how much you'll earn and the costs you can anticipate in your new home country. In this blog, we'll delve deep into the financials to provide you with a clear picture of what to expect.

What will you earn?

If you come to the Netherlands as a highly skilled migrant, specific wage norms have been set by the IND (Immigration and Naturalisation Service). For those under 30 years, it's 3672 euros, and for those 30 years and older, it's 5008 euros gross per month. But what about the net amount after deducting taxes and premiums?

Thanks to the 30% ruling, a tax benefit that highly skilled migrants can enjoy for the first 5 years, the net income for these migrants is considerably higher than that of an average Dutch IT professional. For instance, two IT professionals, both 30 years old with a gross salary of 5008 euros: the highly skilled migrant would, because of the 30% tax benefit, retain just over 4250 euros net, whereas the Dutch IT professional would retain just over 3500 euros.

What are the living costs in the Netherlands?

Living in the Netherlands comes with its own set of fixed costs. Think of rent, electricity, water, gas, health insurance, mobile subscription, and internet. Here's a sample calculation for an IT professional earning 5008 euros gross:

Financial Situation of It Professionals in the Netherlands.

It's essential to note that these costs can vary depending on where you live in the Netherlands and the personal choices you make. However, with an estimated leftover amount of roughly 1900 euros monthly, it's more than adequate to live comfortably in the Netherlands. Of course, there are other expenses like groceries, ranging from 500 euros to 1000 euros per month, depending on your lifestyle and family situation.

Conclusion

Moving to the Netherlands as an IT professional can be both rewarding and financially beneficial, especially with the tax benefits that knowledge migrants receive. While living in the Netherlands comes with its unique costs, it's more than feasible to lead a comfortable life on an IT professional's salary.

Interested in the opportunity to come to the Netherlands as an IT professional? Get in touch with us through our contact form, and we'd be happy to assist you further!